living trust
noun
: a trust that becomes effective during the lifetime of the settlor
called also inter vivos trust
Examples of living trust in a Sentence
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While the living trust itself does not allow for the medical decisions authority, the health care power of attorney or advance directive grants the power, and these are usually included in having a living trust done.
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Bob Chitrathorn, Forbes.com, 25 June 2025
Dear Liz: My husband agreed to serve as successor trustee for his brother’s living trust several years ago.
—Liz Weston, San Diego Union-Tribune, 23 Mar. 2025
If not retitled to the living trust the trust may not accomplish its goals as intended.
—Martin Shenkman, Forbes.com, 28 Mar. 2025
This would undermine one of the benefits of a living trust, which is to avoid a court’s involvement in settling an estate.
—Liz Weston, San Diego Union-Tribune, 23 Mar. 2025
See All Example Sentences for living trust
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Bob Chitrathorn, Forbes.com, 25 June 2025
Dear Liz: My husband agreed to serve as successor trustee for his brother’s living trust several years ago.
—Liz Weston, San Diego Union-Tribune, 23 Mar. 2025
If not retitled to the living trust the trust may not accomplish its goals as intended.
—Martin Shenkman, Forbes.com, 28 Mar. 2025
This would undermine one of the benefits of a living trust, which is to avoid a court’s involvement in settling an estate.
—Liz Weston, San Diego Union-Tribune, 23 Mar. 2025
See All Example Sentences for living trust
Cite this Entry
“Living trust.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/living%20trust. Accessed 11 Jul. 2025.
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